Wax on?
I have been wrong on these diamond reversals before, so I can't stress enough that it isn't a formation until it's formed.
You aren't being slick by buying on what you think is "the low end of the right shoulder" or some stupid shit like that.
Wait. Buy the breakout.
Twit.
***That above chastisement was solely for me**
Ok, so IF this completes it's formation, I am expecting a target of around .33.
As of right now though it's pretty obvious what it wants to do.
It's making a pretty defined head and shoulders.
Keeping an eye on it.
Constructive criticism and critiques always welcome.
I don't know what I'm doing, so not advice.
Happy and prosperous trading.
You aren't being slick by buying on what you think is "the low end of the right shoulder" or some stupid shit like that.
Wait. Buy the breakout.
Twit.
***That above chastisement was solely for me**
Ok, so IF this completes it's formation, I am expecting a target of around .33.
As of right now though it's pretty obvious what it wants to do.
It's making a pretty defined head and shoulders.
Keeping an eye on it.
Constructive criticism and critiques always welcome.
I don't know what I'm doing, so not advice.
Happy and prosperous trading.
Note
Looks like Waxp broke out today. Away we go
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.